OnMobile's FY26 financial performance showed a significant 111% increase in EBITDA to INR 297 million and a margin of 5.7%, but revenue saw a decline of 10%. The company's shares are currently trading at Rs. 50.67 with a daily turnover of Rs. 7.97 lakh.
OnMobile Global Limited
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OnMobile Global's Q4 FY26 results show a significant drop compared to earlier trends, due to operational difficulties that led to decreases in key metrics such as revenue, profitability, and margins.
OnMobile Global has announced a significant increase in its Q4 net loss, recording ₹365 million compared to ₹79.3 million last year, indicating a widening deficit.
OnMobile Global Limited has reported revenue of INR 5717.8 million and a net profit of INR 114.9 million for the fiscal year 2026. Leo Matthew Olebe has been appointed as an independent director on their board, while Ernst & Young LLP remains the internal auditors, following a reappointment.
OnMobile Global saw a significant increase of 34.5% in gaming users, reaching 14.3 million in their latest financial year. Notably, EBITDA surged by an impressive 110.6%, reaching INR 297 million. However, revenue experienced a decrease of 10.2% to INR 5,245 million in the same period.
OnMobile Global is set to announce their audited financial results for FY26 on May 18, followed by a conference call discussing performance on May 19 at 4 PM IST. For more details about the investor call, check their website.
OnMobile and Flipkart have partnered for distributing gaming hardware. This collaboration also involves digital services, signaling a possible tie-in ahead of OnMobile's upcoming product release.
OnMobile and Flipkart have formed a three-year partnership for gaming hardware and digital distribution. This collaboration will leverage Flipkart's platform to expand product reach, with a focus on the domestic market shaping the deal's decision-making process.
OnMobile Global announced that its main investor, OnMobile Systems Inc., did not create any new share pledges in the financial year ending March 31, 2026, as reported under SEBI regulations. The company has updated both NSE and BSE about this compliance with substantial acquisition disclosure rules.